Project X · Hyperliquid L1

WHYPE-USD₮0 (0.3%)

Overview

The Project X WHYPE-USD€0 pool on Hyperliquid L1 is a multi-asset liquidity position where providers earn yield through trading fees generated by the protocol’s decentralized exchange activities. Total APY stands at 25.32%, with no additional reward component. The 7-day trend shows an increase of 16.07% while the 30-day trend indicates a decline of -0.98%, placing the current rate above the 30-day mean of 22.19%. TVL is $234K, with primary exposure to impermanent loss due to the multi-asset nature of the pool. Depth of liquidity in this pool affects trading slippage and fee distribution among providers.

Composed 2026-05-20 from the structured data above. See methodology for the full pipeline.

Risk profile

• Smart contract risk

  Funds are deposited into a smart contract. A bug or exploit in the contract could lead to total loss. Audits reduce, but do not eliminate, this risk. Check the protocol page for audit history.

• Impermanent loss

  This pool holds multiple assets, so price divergence between them can reduce your USD value below what holding the assets separately would yield.

• Yield variability

  Current APY is 1.98%; 30-day mean is 6.94%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 58% confidence based on historical patterns.

These notes are derived from the pool's structured data, not editorial advice. See our methodology.